Vistry Group (LON:VTY) Insider Sells £123,671.94 in Stock

Vistry Group PLC (LON:VTY) insider Greg Fitzgerald sold 34,642 shares of Vistry Group stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of GBX 357, for a total value of £123,671.94.

Vistry Group Stock Performance

Shares of VTY stock traded down GBX 4.40 during trading hours on Monday, reaching GBX 341.10. 35,972,203 shares of the company’s stock were exchanged, compared to its average volume of 19,026,391. Vistry Group PLC has a fifty-two week low of GBX 325.80 and a fifty-two week high of GBX 746.40. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93. The stock has a market capitalization of £1.09 billion, a P/E ratio of 30.46, a P/E/G ratio of -0.20 and a beta of 1.65. The business has a fifty day moving average price of GBX 610.81 and a 200-day moving average price of GBX 627.73.

Vistry Group (LON:VTY) last announced its quarterly earnings data on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. Analysts predict that Vistry Group PLC will post 108.4606345 EPS for the current fiscal year.

Vistry Group announced that its Board of Directors has authorized a share repurchase plan on Monday, February 2nd that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Vistry Group in a report on Monday, November 24th. They set a “buy” rating and a GBX 731 price objective on the stock. Deutsche Bank Aktiengesellschaft downgraded Vistry Group to a “hold” rating and decreased their target price for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th. Jefferies Financial Group boosted their price target on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. Royal Bank Of Canada cut their price target on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. decreased their price objective on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating on the stock in a report on Tuesday, March 10th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 579.56.

Vistry Group Company Profile

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.